Buy Vs. Lease

According to Edmunds.com about 70% of customers pay cash for their car or finance their purchase with a loan and about 30% lease. So, how do you decide to lease or buy?

The benefits of leasing are very simple: leasing allows you to drive a new car every two to three years at a lower payment, avoid the higher costs of ownership associated with owning an older vehicle and it gives you the option to own the car at the lease end term if there is equity, but walk away from the car if there is zero or negative equity.

The benefits of buying a car are simple as well: you get to enjoy the pride of ownership, you can modify the car as you want without breaking the lease terms and you will have more flexibility to sell the car when you want. Additionally if you were to keep a car over multiple lease cycles you will have equity in your car instead starting a new payment cycle.

Although every reasonable effort has been made to ensure the accuracy of the information contained on this site, absolute accuracy cannot be guaranteed. This site, and all information and materials appearing on it, are presented to the user "as is" without warranty of any kind, either express or implied. All vehicles are subject to prior sale. Price does not include applicable tax, title, license, processing and/or documentation fees, and destination charges. ‡Vehicles shown at different locations are not currently in our inventory (Not in Stock) but can be made available to you at our location within a reasonable date from the time of your request, not to exceed one week.